Funding you earn now, next payment 04:00 UTC+0.0178%/8h= +19.5% APRnext payment +$0.89 per $10,000 · paid last 24h +0.045%
Price spread now: Binance against Gate−0.140%7-day average +0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$454as in the Funding arb table
Net, price: spread back to 7d avg − costs−$523as in the Price arb table
costs, in and out, $10k−$4994.986% of the position
Funding, last 7 days+0.447%+$45 on $10k
+Price spread, last 7 days+0.314%+$31 · spread now −0.140%, 7d avg +0.102%
=Funding pays, the price is against you. Binance is 0.242% cheaper against Gate than usual: you would sell low and buy high (spread −0.140% now, against its 7-day average of +0.102%). If the spread goes back, that is −$24 on $10k: about 4.5 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate O_USDT | 0.5569 | 0.0100 | pay 0.0050% / 4h | 1h 45m | $1.5M | $507K | 20x |
| Short | Binance OUSDT | 0.5561 | 0.0278 | get 0.0139% / 4h | 1h 45m | $4.7M | $1.9M | 10x |
Gate O_USDT
Binance OUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $37.36
- Price spread: −0.140% → +0.102%
- −$24.19
- Slippage, 4 orders
- −$473.61
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$485.44
- Costs to cover
- 4.986%
- Break-even
- 98.0 days
Slippage from Gate: live order book, 2 min ago; Binance: live order book, 7 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 2 min ago | 9.87 bp | 206.3 bp −$206 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 8.98 bp | 41.4 bp −$41 | 295.2 bp −$2,952 | doesn't fit | doesn't fit |
O on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate O_USDTlong | +0.0100% | 4h | 0.5569 | long leg | $1.5M | $507K | 20x | |
| KuCoin OUSDTM | +0.0100% | 4h | 0.5558 | −0.198% | $1.2M | $734K | 20x | as long as short |
| Bitget OUSDT | +0.0100% | 4h | 0.5565 | −0.072% | $1.6M | $316K | 10x | as long as short |
| Variational Omni O | +0.0100% | 4h | 0.5578 | +0.153% | $3K | $535 | — | as long as short |
| Aster OUSDT | +0.0262% | 4h | 0.5574 | +0.090% | $20K | $50K | 3x | as long as short |
| Binance OUSDTshort | +0.0278% | 4h | 0.5561 | −0.140% | $4.7M | $1.9M | 10x | |
| Bybit OUSDT | +0.0383% | 4h | 0.5569 | 0.000% | $706K | $926K | 20x | as long as short |
| BingX O-USDT | +0.0384% | 4h | 0.5568 | −0.018% | — | $1.6M | — | as long as short |
| MEXC O_USDT | +0.0388% | 4h | 0.5562 | −0.126% | $960K | $176K | 50x | as long as short |
| OKX O-USDT-SWAP | +0.0388% | 4h | 0.5566 | −0.054% | $1.5M | $1.1M | 10x | as long as short |
KuCoin OUSDTM
Bitget OUSDT
Variational Omni O
Aster OUSDT
Bybit OUSDT
BingX O-USDT
MEXC O_USDT
OKX O-USDT-SWAPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin O-USDT | +0.0442% | 4h | 0.5574 | +0.090% | $238K | $6K | 20x | as long as short |
BloFin O-USDT